Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway - 2024
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,715 per ton, growing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2020 an increase of 31%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($7,154 per ton), while the price for Sweden ($2,702 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,137 per ton in 2022, rising by 21% against the previous year. In general, the export price, however, continues to indicate a mild decline. Over the period under review, the average export prices attained the maximum at $4,724 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,130 per ton), while the average price for exports to Russia ($2,310 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway
In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Norway dropped to 6.2K tons, waning by -6.9% on the previous year. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) rose markedly to $23M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 7.4 | 5.4 | 6.3 | 7.5 | 0.4% |
| Germany | 5.2 | 5.4 | 6.5 | 5.8 | 3.7% |
| Italy | 1.2 | 1.1 | 1.6 | 1.9 | 16.6% |
| Belgium | 0.7 | 0.7 | 1.3 | 1.3 | 22.9% |
| United Kingdom | 0.7 | 0.6 | 0.9 | 0.9 | 8.7% |
| Denmark | 0.3 | 0.6 | 0.7 | 0.6 | 26.0% |
| Netherlands | 0.5 | 0.5 | 0.7 | 0.5 | 0.0% |
| Others | 2.9 | 3.2 | 3.6 | 4.4 | 14.9% |
| Total | 19.0 | 17.6 | 21.7 | 23.0 | 6.6% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Norway in 2022:
- Sweden (2776.3 tons)
- Germany (1766.6 tons)
- Italy (689.0 tons)
- Belgium (188.9 tons)
- Denmark (169.1 tons)
- United Kingdom (132.2 tons)
- Netherlands (85.5 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway
In 2022, after three years of growth, there was decline in overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume decreased by -3.3% to 328 tons. The total export volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 339 tons, and then declined slightly in the following year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) surged to $1.4M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 184 | 173 | 209 | 348 | 23.7% |
| Finland | 55.7 | 68.1 | 166 | 242 | 63.2% |
| Lithuania | 41.3 | 71.0 | 108 | 118 | 41.9% |
| Estonia | 4.1 | 13.4 | 22.8 | 92.3 | 182.4% |
| Latvia | 72.3 | 49.2 | 61.6 | 86.3 | 6.1% |
| Denmark | 46.8 | 101 | 52.1 | 59.7 | 8.5% |
| Germany | 54.0 | 103 | 44.2 | 52.9 | -0.7% |
| Chile | 29.5 | 33.5 | 90.8 | 45.7 | 15.7% |
| Netherlands | 11.0 | 16.1 | 18.9 | 25.8 | 32.9% |
| Iceland | 16.5 | 16.8 | 18.1 | 12.9 | -7.9% |
| Russia | 127 | 119 | 80.3 | 4.0 | -68.4% |
| Others | 88.2 | 140 | 284 | 268 | 44.8% |
| Total | 731 | 904 | 1,156 | 1,356 | 22.9% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Norway in 2022:
- Sweden (131.2 tons)
- Finland (62.4 tons)
- Lithuania (29.9 tons)
- Denmark (22.1 tons)
- Latvia (19.7 tons)
- Estonia (15.8 tons)
- Chile (11.8 tons)
- Netherlands (6.9 tons)
- Germany (5.8 tons)
- Iceland (3.7 tons)
- Russia (1.7 tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Norway.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
